Improvements to the Coronavirus Business Interruption Loan Scheme
3rd April 2020
Rishi Sunak yesterday announced several significant improvements to the Coronavirus Business Interruption Loan Scheme (CBILS). The CBILS provides loans, overdrafts and invoice and asset finance of up to £5m for up to 6 years. It is eligible to all businesses with a turnover under £45m. The UK government provides a guarantee to the lender of...